The Connecticut Port Authority has settled a dispute over costs with the construction manager overseeing the reconstruction of State Pier and signed an agreement that finalizes an $11.3 million settlement, Port Authority Executive Director Michael O’Connor announced Tuesday. The negotiated final cost is more than the $7.3 million expected payment to Kiewit Corp. to complete the project but will not come at any additional cost to the state. The port authority will cover the additional costs with its own funds, O’Connor said. Kiewit Infrastructure Co. Area Manager Pete Maglicic said in a statement that Kiewit was “proud to have partnered with the Connecticut Port Authority, local labor unions, subcontractors and suppliers on this transformative project.” State Pier is being leased and used as a launching spot for wind turbine parts in the construction of offshore wind farms. The State Pier reconstruction project, managed by the port authority, has been under scrutiny for years because of costs that have spiked since the early estimates of $93 million. The state has contributed $211 million to the cost of renovations while Danish offshore wind giant Ørsted, which is leasing State Pier, picked up the remainder of the cost of the renovations, the port authority said.
Port Authority finalizes agreement with contractor for State Pier project
